Global Market Commentary, Analysis and Investments
Down, down, down…
Day after day for the last 2 weeks…almost everything has been grinding down.
Stocks, oil, copper, bond yields… It looks as though the whole world economy is slowing down. China, India, America, Europe. All are slowing.
How much longer can this slow down continue?
[Read more...]Down, down, down…
Day after day for the last 2 weeks…almost everything has been grinding down.
Stocks, oil, copper, bond yields… It looks as though the whole world economy is slowing down. China, India, America, Europe. All are slowing.
How much longer can this slow down continue?
[Read more...]The Maryland House of Delegates just voted to raise taxes. Should we move to Florida…or Delaware?
If we move to Palm Beach, will we ever be able to visit our beloved Maryland homeland again?
The Financial Times reports that thousands of wealthy French people are now moving to London. Their motive? They want to escape the taxes proposed by France’s new president, Francois Hollande.
[Read more...]The Maryland House of Delegates just voted to raise taxes. Should we move to Florida…or Delaware?
If we move to Palm Beach, will we ever be able to visit our beloved Maryland homeland again?
The Financial Times reports that thousands of wealthy French people are now moving to London. Their motive? They want to escape the taxes proposed by France’s new president, Francois Hollande.
[Read more...]Attention: Our “Crash Alert” flag is flying.
Dow down.
Oil down.
Yields down.
Gold down.
What’s going on?
Yesterday, we drove into Washington, DC, to the Argentine embassy. Friends from Salta were hosting a wine-tasting. It seemed strange to see our Argentine friends — who live in a remote corner of the country — in our nation’s capital. But it was a pleasure to see them…and taste their very strong, high altitude malbecs.
[Read more...]Attention: Our “Crash Alert” flag is flying.
Dow down.
Oil down.
Yields down.
Gold down.
What’s going on?
Yesterday, we drove into Washington, DC, to the Argentine embassy. Friends from Salta were hosting a wine-tasting. It seemed strange to see our Argentine friends — who live in a remote corner of the country — in our nation’s capital. But it was a pleasure to see them…and taste their very strong, high altitude malbecs.
[Read more...]“Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate… it will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.”
[Read more...]“Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate… it will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.”
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Is Facebook the Rusty Hinge of the Stock Market?
Yesterday, stocks bounced…just as they should have. After two weeks of falling, they were ready to bounce. Heck, even a dead congressman will bounce, if you drop him from high enough.
The Dow rose 135 points. Not very impressive, after so many down days.
Everything has been sinking… Stocks, commodities, oil…
[Read more...]